On June 26, SAP SE rose 3.34% in regular trading, trading at $152.865/share, with turnover of $109 million. The stock had been in a pullback since June 10, briefly touching near its 52-week low around $151, before rebounding in sync with a broader application software sector rally.

On the news front, Bank of America Securities recently reaffirmed its Buy rating on SAP, naming it a top pick among large-cap software stocks and maintaining a €210 target price. The firm expects SAP to deliver industry-leading revenue growth exceeding 10%, underpinned by accelerating cloud business penetration and expanding AI commercialization at scale. Meanwhile, Jefferies on June 25 lowered its target price from $270 to $250.

Within the Application Software sector, peer stocks also posted gains, with Salesforce up 3.37%, Palantir Technologies up 3.48%, and Circle Internet up 5.81%, reflecting a broad sector recovery pattern.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)